Page:United States Statutes at Large Volume 113 Part 3.djvu/404

 113 STAT. 1922 PUBLIC LAW 106-170—DEC. 17, 1999 SEC. 506. EMPLOYER-PROVIDED EDUCATIONAL ASSISTANCE. (a) IN GENERAL. —Subsection (d) of section 127 of the Internal 26 USC 127. Revenue Code of 1986 (relating to termination) is amended by striking "May 31, 2000" and inserting "December 31, 2001". Applicability. (b) EFFECTIVE DATE. —The amendment made by subsection (a) 26 USC 127 note, shall apply to courses beginning after May 31, 2000. SEC. 507. EXTENSION AND MODIFICATION OF CREDIT FOR PRODUCING ELECTRICITY FROM CERTAIN RENEWABLE RESOURCES. (a) EXTENSION AND MODIFICATION OF PLACED-IN-SERVICE RULES.— Paragraph (3) of section 45(c) of the Internal Revenue 26 USC 45. Code of 1986 is amended to read as follows: "(3) QUALIFIED FACILITY. — "(A) WIND FACILITY. —In the case of a facility using wind to produce electricity, the term 'qualified facility' means any facility owned by the taxpayer which is originally placed in service after December 31, 1993, and before January 1, 2002. "(B) CLOSED-LOOP BIOMASS FACILITY.—In the case of a facility using closed-loop biomass to produce electricity, the term 'qualified facility' means any facility owned by the taxpayer which is originally placed in service after December 31, 1992, and before January 1, 2002. "(C) POULTRY WASTE FACILITY.—In the case of a facility using poultry waste to produce electricity, the term 'qualified facility' means any facility of the taxpayer which is originally placed in service after December 31, 1999, and before January 1, 2002.". (b) EXPANSION OF QUALIFIED ENERGY RESOURCES.— (1) IN GENERAL. —Section 45(c)(1) of such Code (defining qualified energy resources) is amended by striking "and" at the end of subparagraph (A), by striking the period at the end of subparagraph (B) and inserting ", and", and by adding at the end the following new subparagraph: "(C) poultry waste.". (2) DEFINITION.— Section 45(c) of such Code is amended by adding at the end the following new paragraph: "(4) POULTRY WASTE.— The term 'poultry waste' means poultry manure and litter, including wood shavings, straw, rice hulls, and other bedding material for the disposition of manure. ". (c) SPECIAL RULES. —Section 45(d) of such Code (relating to definitions and special rules) is amended by adding at the end the following new paragraphs: "(6) CREDIT ELIGIBILITY IN THE CASE OF GOVERNMENT- OWNED FACILITIES USING POULTRY WASTE. —In the case of a facility using poultry waste to produce electricity and owned by a governmental unit, the person eligible for the credit under subsection (a) is the lessee or the operator of such facility. " (7) CREDIT NOT TO APPLY TO ELECTRICITY SOLD TO UTILITIES UNDER CERTAIN CONTRACTS. — "(A) IN GENERAL.— The credit determined under subsection (a) shall not apply to electricity— "(i) produced at a qualified facility described in paragraph (3)(A) which is placed in service by the taxpayer after June 30, 1999, and

�